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Meta plans 10% job cuts at Reality Labs in pivot toward AI devices

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its Reality Labs division, aiming to reallocate funds to high-priority areas. In ...
E&T Magazine

Meta winds down Horizon Worlds VR as metaverse push fades

Meta has announced plans to shut down its virtual reality platform Horizon Worlds as the company continues to pivot away from the metaverse.
MediaPost

Meta Plans Reality Labs Job Cuts, Pivots Further Away From Metaverse Focus

Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial ...
DPA International on MSN

Meta to shut down virtual reality experience of Horizon Worlds

Meta is shutting down the virtual reality (VR) experience of Horizon Worlds, the company announced on Tuesday. From June 15, ...
Bloomberg L.P.

Meta Plans to Cut 10% of Jobs at Company’s Reality Labs Division

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and into other AI wearables. The ...